-The Indian Express The government today claimed there has been an "impressive improvement" in the performance of the targeted public distribution system (TPDS), with leakage reduced to about 10-15 per cent on average now from 40 per cent earlier. "The leakage, on an average, is nearly 10-15 per cent," said Minister of State for Consumer Affairs and Public Distribution KV Thomas said in a reply during Question Hour in the Rajya Sabha. The...
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As losses mount, Areva goes in for huge job cuts by Vaiju Naravane
French nuclear giant Areva, which is planning to sell India six masssive1650 MWe EPR nuclear reactors for the Jaitapur site in Maharashtra, is facing serious financial difficulties with net losses in 2011 placed at well over €1 billion. Areva's CEO, Luc Oursel, announced drastic job cutbacks and the sale of over €2 billion worth of assets, essentially in the company's uranium mines sector, to offset these losses. Trading in the company's...
More »The Challenge of Inequality by Anil Padmanabhan
What is common between Brazil, Russia, India and China? That’s easy. They are the so-called BRIC countries. But, what is common between these BRIC countries and other emerging economies such as Indonesia, Argentina and South Africa? The answer: inequality. This disconcerting connect between these emerging economies is the focus of a report released last week by the Organization for Economic Cooperation and Development (OECD), the think tank for the club of...
More »Naveen opposes caps on PDS
-The Business Standard Orissa has voiced its opposition to the caps proposed in the targeted Public Distribution System (PDS) in the National Food Security (NFS) Bill-2011. The NFS Bill has proposed a cap of 75 per cent in rural areas and 50 per cent in urban areas on the coverage under targeted PDS. The state Chief Minister Naveen Patnaik, while welcoming the concept of food security, has objected to fixing limits on targeted...
More »Judicial lessons for states by Shyamal Majumdar
In 2004, a boy was crushed to death by a vehicle when he was crossing the road in front of a school to fetch water. The school, in the heart of the nation’s capital, did not have drinking water facilities. Seven years later, courtesy the NGO Environmental and Consumer Protection Foundation and the Supreme Court, all Indian states (the last two being Uttar Pradesh and Jammu and Kashmir) have given...
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